4 Part 2012 Required information [The following information applies to the questions displayed below) On January 1, when the market interest rate was 8 percent. Seton Corporation completed a $190,000, 7 percent bond Issue for $177.252. The bonds pay interest each December 31 and mature in 10 years. Assume Seton Corporation uses the effective-interest method to amortize the bond discount 1 points 3. Prepare a bond discount amortization schedule for these bonds. (Do not round intermediate calculations. Round your answers to the nearest whole dollar.) Boo Hint Changes During the Period Interest Cash Paid Discount Expense Amortized Period Ended Print Meferences Start Year 1 End Year 2 End Year End Year 4 End Year 5 End Year End Year 7 End Year 8 End Year End Year 10 End Ending Bond Liability Balances Bonds Payable Discount on Bonds Payable Carrying Value 190,000 190,000 190,000 190.000 190,000 190,000 190,000 190,000 190,000 190,000 190,000 190,000 190,000 190,000 190,000 190.000 190,000 190,000 190,000 190,000 190,000 190,000